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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Manroy | LSE:MAN | London | Ordinary Share | GB00B4L12X65 | ORD 5P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 85.00 | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMMAN
RNS Number : 5391J
Manroy PLC
01 July 2011
FOR IMMEDIATE RELEASE
1 July 2011
MANROY PLC
GBP1.6M MOD SPARES CONTRACT
Manroy Plc ("Manroy") (AIM:MAN), the leading UK machine gun manufacturer, announces that it has signed a further contract with the UK Ministry of Defence ("MoD") to supply spare parts for the 0.5" calibre Heavy Machine Gun ("HMG"). The contract value is GBP1.6 million and delivery of the spare parts will commence as soon as production capacity allows. This is expected to be within the current financial year ending 30 September 2011.
Glyn Bottomley, Manroy's Chief Executive, said: "I am pleased that we have secured a further contract with the MoD to continue the supply of spare parts. This is a valuable win for us and further demonstrates the strength of our ongoing relationship with the MoD."
For further information please contact:
Manroy Plc Tel: 01252 874 177 Glyn Bottomley, Chief Executive Paul Carter, Finance Director Arbuthnot Securities Limited Tel: 020 7012 2000 Tom Griffiths Ed Groome Tavistock Communications Tel: 020 7920 3150 Baron Phillips Matt Ridsdale
Notes to Editors:
Manroy is a UK based manufacturer of machine guns, mounts and other associated products. A key Ministry of Defence supplier for 26 years, Manroy currently manufactures, supplies and supports:
-- the 12.7mm M2 Heavy Machine Gun ("HMG"), also known as the 0.50" calibre HMG;
-- the 7.62mm General Purpose Machine Gun ("GPMG"); and
-- weapon tripods and mounting systems.
Manroy is focused on the opportunity to derive further value from existing partner relationships and create additional revenue streams by continuing to expand the product offering, and to move into new territories.
Ends
This information is provided by RNS
The company news service from the London Stock Exchange
END
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